For a long time it was quiet around the planned stable coin social media company Facebook. Now the Geneva-based Libra Foundation is back with a revised white paper and a FINMA application for a licence to be considered payment system. As can be seen from the announcement on the Association’s blog, the project wants to […]
Bitcoin/USD daily basis Bitcoin/USD – Not much new in the reporting week On Monday, Bitcoin was able to advance to just over USD 7,300 right at the beginning of the reporting week. This was followed on Tuesday by another attempt to climb higher spheres. However, this was rejected at USD 7,500. This was followed by […]
In an open letter to the Swiss Financial Market Supervisory Authority (FINMA), the Bitcoin Association Switzerland (BAS) is formulating a recommendation to amend the Money Laundering Ordinance presented in February. It calls for all financial market players to be treated equally. On 7 February 2020, FINMA published a proposed ordinance and several partial ordinance revision […]
Under the leadership of the Bitcoin Association Switzerland and the Tezos Foundation, a decentralized consortium, have brought Bitcoin (BTC) into the Tezos ecosyste; enabling Bitcoin-supported use cases on the Tezos blockchain. Bitcoin and Tezos – liquidity meets application The goal is to combine the liquidity of the largest and oldest crypto currency with the efficiency […]
Crypto Valley and the entire Swiss Blockchain scene is facing an existential threat due to the restrictions caused by the Corona pandemic. The Swiss Blockchain Federation recently conducted a broad survey among companies in the Valley. Startups from Crypto Valley are particularly hard hit Due to the uncertainties of the Corona crisis, numerous exponents had […]
In order to improve the traceability of its own coffee brand “Zoégas”, Nestlé is expanding the use of the IBM’s Food Trust blockchain and entering into a cooperation with the Rainforest Alliance. Zoega’s coffee packaging is labelled with QR codes According to the company, the IBM Food Trust blockchain will provide consumers with more detailed […]
Sector analysis March 2020 On 27 March 2020, the FTX exchange rebalanced its old/mid/shit indices. In addition, a weight limit of 20% for a single coin was introduced in each of the indices. In addition to the quarterly rebalancing, all other changes are published 24 hours in advance. Old index The coins that are still […]
The Central Bank of South Korea appears to be launching a pilot program to test the digital won. The program is scheduled to run until December 2021 to test technical and legal requirements. Although there are no immediate plans to issue or introduce a CBDC, the bank intends to use the pilot program to ensure […]
Bayerische Motoren Werke Aktiengesellschaft, better known as BMW, has announced that the company has successfully tested a platform called “PartChain”. According to the announcement, the test was already completed in 2019. Pilot project has already been successfully tested at several locations PartChain will use blockchain as well as cloud technologies from Amazon Web Services and […]
Bitcoin/USD daily basis Bitcoin USD – Continuously higher lows At the beginning of the reporting week, Bitcoin was able to defend the previous Sunday’s low of USD 5,900. This was followed on Monday by an upward movement which led to a level of 6’600 USD and just below that marked its daily closing price. In […]
